2018 Volkswagen Passat Insurance Rates

Looking for cheaper auto insurance rates for your Volkswagen Passat? There isn’t anyone who looks forward to paying for auto insurance, particularly when they could lower their rates if they shopped around. Due to the abundance of options when it comes to auto insurance, it is very difficult to pick the lowest price auto insurance company.

How to lower your insurance coverage cost

Cutting your insurance coverage rates is an easy way to save money. The only requirement is to take the time comparing free insurance coverage quotes from some recommended companies. This is very easy and can be done by following the guidelines below.

  1. The simplest way consumers can make multiple comparisons is to use a rate comparison form like this one (opens in new window). This type of form eliminates the need for separate quote forms for every prospective company. One form will return quotes instantly.
  2. A less efficient way to shop for insurance coverage online is to manually visit each company’s website and repeat the quote process again and again. For example, let’s assume you are doing a rate comparison from Farmers, 21st Century and Progressive. To get rate quotes you would need to spend time going to each site individually and punch in your information repeatedly, which is why first method is reommended.

    For a list of links to insurance companies in your area, click here.

  3. The old school method to comparison shop to local insurance agencies. Comparing online rate quotes makes this unnecessary unless your situation requires the professional assistance of a local agency. You can, however, compare online quotes but purchase the actual policy in an agency.

It’s up to you how you get prices quotes, just do your best to enter exactly the same quote information with every price quote. If you compare different deductibles then you won’t be able to determine which rate is truly the best.

Informed consumers can cut their insurance premiums

Multiple criteria are part of the equation when you get a price on insurance. Some of the criteria are obvious like an MVR report, but others are more transparent like your vehicle usage or your vehicle rating.

The following are some of the items companies use to determine your rate level.

  • Vehicles with better crash test results cost less to insure – Vehicles that have high safety ratings get lower rates. Vehicles built for safety reduce occupant injuries and reduced instances of injuries translates into fewer and smaller insurance claims which can result in lower premiums.
  • Liability coverage limits are a factor – The liability coverage on your policy provides coverage when a court rules you are at fault for physical damage or personal injury to other. Liability insurance provides legal defense coverage which can be incredibly expensive. Liability insurance is quite affordable compared to other policy coverages, so buy as much as you can afford.
  • Age of drivers – Older, more experienced drivers are more responsible, file fewer claims and are safer drivers.Young drivers are proven to be easily distracted when driving with friends and because of this, their insurance coverage rates are much higher.
  • Add-on coverages could be costing you – There are a lot of extra bells and whistles that you can get tricked into buying if you don’t pay attention. Coverages for roadside assistance, high-cost glass coverage, and extra equipment coverage are examples of these. The coverages may be enticing initially, but your needs may have changed so remove them and pocket the money.
  • Optional features impact insurance coverage rates – Buying a car with a theft deterrent system can save you some money. Theft prevention devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all help prevent auto theft.
  • Accidents will cost you – Being a careful driver can have a huge impact on auto insurance premiums. Having just one speeding ticket can bump up the cost by as much as twenty percent. Careful drivers receive lower rates as compared to careless drivers. Drivers with license-revoking violations like reckless driving, hit and run or driving under the influence might be required by their state to submit a SR-22 form to the state department of motor vehicles in order to keep their license.
  • Battle of the sexes – Over the last 30 years, statistics show females are less aggressive when driving. Now that doesn’t mean men are WORSE drivers than women. Females and males are responsible for fender benders in similar percentages, but the men have costlier accidents. In addition to higher claims, males also get ticketed for serious violations like reckless driving and DUI. Young males cause the most accidents and therefore have the most expensive insurance coverage rates.

Do you qualify for discounts?

Some insurance providers don’t always publicize every possible discount in a way that’s easy to find, so below is a list some of the best known and the more hidden discounts that you may qualify for.

  • Own a Home – Being a homeowner may trigger a policy discount on auto insurance because it shows financial diligence.
  • Student Discounts – Getting good grades could provide a savings of up to 20% or more. This discount can apply until age 25.
  • Data Collection Discounts – People who choose to allow data collection to scrutinize driving patterns by using a telematics device in their vehicle like In-Drive from State Farm and Progressive’s Snapshot might get better premium rates if they have good driving habits.
  • Theft Deterent Discount – Vehicles optioned with advanced anti-theft systems help deter theft and will qualify for a discount on a insurance coverage quote.
  • No Claims – Good drivers with no accidents can earn big discounts when compared to drivers who are more careless.
  • Drive Less and Save – Maintaining low annual mileage can qualify you for slightly better premium rates than normal.
  • Defensive Driver Discounts – Taking part in a safe driver course is a good idea and can lower rates and make you a better driver.
  • Accident Forgiveness Coverage – Not a discount per se, but a handful of insurance companies may permit one accident without getting socked with a rate hike if you have no claims for a set time period.

A little note about advertised discounts, many deductions do not apply to the overall cost of the policy. Most only cut the price of certain insurance coverages like comp or med pay. So even though they make it sound like you can get free auto insurance, nobody gets a free ride. But all discounts will definitely reduce the amount you pay for coverage.

Some of the insurance companies that may offer these money-saving discounts include:

Before you buy a policy, ask each company which discounts you qualify for. Savings may not apply to policyholders in every state.

Don’t assume everyone needs the same auto insurance coverage

When choosing the best auto insurance coverage, there is no “perfect” insurance plan. Everyone’s situation is unique so your insurance needs to address that. For instance, these questions might help in determining if you may require specific advice.

  • Will I lose any money if I cancel my policy before it expires?
  • Am I covered when driving in Canada or Mexico?
  • When should I drop full coverage on my 2018 Volkswagen Passat?
  • If my pet gets injured in an accident are they covered?
  • Does my insurance cover my expensive audio equipment?
  • Is my 2018 Volkswagen Passat covered for flood damage?
  • Why is insurance for a teen driver so high?
  • Am I covered if I crash into my own garage door?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Do I need more liability coverage?

If you don’t know the answers to these questions but you know they apply to you, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, complete this form or you can go here for a list of companies in your area. It only takes a few minutes and may give you better protection.

Parts of your insurance policy

Knowing the specifics of your insurance policy can help you determine the best coverages for your vehicles. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. Below you’ll find the usual coverages offered by insurance companies.

Collision coverage protection

This pays for damage to your Passat caused by collision with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers claims such as backing into a parked car, damaging your car on a curb and hitting a parking meter. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to bump up the deductible to save money on collision insurance.

Comprehensive or Other Than Collision

This coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as damage from a tornado or hurricane, rock chips in glass, hitting a bird, a tree branch falling on your vehicle and damage from flooding. The maximum amount a insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Medical costs insurance

Medical payments and Personal Injury Protection insurance pay for immediate expenses for prosthetic devices, funeral costs and nursing services. They are often utilized in addition to your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

UM/UIM Coverage

Your UM/UIM coverage provides protection when other motorists are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and also any damage incurred to your Volkswagen Passat.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea.

Liability car insurance

Liability coverage will cover injuries or damage you cause to other’s property or people. This coverage protects you from legal claims by others. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 50/100/50 that translate to $50,000 bodily injury coverage, $100,000 for the entire accident, and property damage coverage for $50,000.

Liability coverage pays for things such as loss of income, funeral expenses, repair bills for other people’s vehicles, legal defense fees and repair costs for stationary objects. How much liability coverage do you need? That is up to you, but consider buying as large an amount as possible.

Get your money’s worth

More affordable insurance coverage is possible from both online companies and with local insurance agents, so you should be comparing quotes from both so you have a total pricing picture. Some insurance providers do not provide price quotes online and usually these regional insurance providers only sell through independent agents.

We just showed you many tips how you can get a better price on 2018 Volkswagen Passat insurance. It’s most important to understand that the more quotes you get, the higher your chance of finding cheaper insurance coverage. Consumers may even find the most savings is with a small local company. These companies can often provide lower car insurance rates in certain areas than the large multi-state companies such as State Farm or Progressive.

When searching for the cheapest insurance coverage quotes, you should never buy poor coverage just to save money. In many instances, an insured dropped liability limits or collision coverage only to regret at claim time that the savings was not a smart move. The proper strategy is to buy the best coverage you can find at an affordable rate, but don’t skip important coverages to save money.

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